InvestorsHub Logo
Followers 27
Posts 4638
Boards Moderated 0
Alias Born 04/30/2005

Re: nervous_ned post# 12236

Tuesday, 01/02/2007 12:52:28 PM

Tuesday, January 02, 2007 12:52:28 PM

Post# of 42619
As a shareholder here, I am amazed that many posters have not taken the time to read the business plan for the tailings project enunciated on the company website. The comapnay hopes to achieve a cash flow of approximately a million dollars a month by the 5th month after the commencement of the project. It is not the simple task of building a plant and starting operations. An Environmental liscense has to be procurred and elecric and water supply to run the operations have to be assured along with other tasks like getting the labor supply, equipment and good managers. Eventually the company expects to receive 38 million US over a 42 month period. If a shareholder is a believer that the company will be successful, patience will be very important. As for the price per share, I think the stock will move when smart money believe that this is a real company and not the typical pink sheet hype. I for one believe that they have made remarkable progress in 2006 and that 2007 will be the year that the plan will become reality. Looking for a good January effect pop here as the company has cleared the air of the uncertainty of the tailings startup.